AMATA AMATA expects 4Q15 revenue to be healthy even though it cannot reach the target of selling 1000 rai of land this year. It has sold only 493 rai of land in 9 months. (Thun Hoon, 27/11/15) Comment: It’s the usual cycle for industrial estates in Thailand. AOT AOT expects 4Q15 profit of at least […]
Read More →AIT AIT reported 3Q15 net profit of Bt148.84mn (+69.17%). Its 9-month net profit is Bt416.68mn. It expects to finish projects to reach target. (Thun Hoon, 16/11/15) Comment: Astounding numbers from AIT, although given that Thailand’s government spending in this sector has been a bit slow last year it isn’t a surprise to see a decent […]
Read More →MSCI’s latest review of indices was announced during the week and here are the key details: Effective date: December 1, 2015 MSCI Thailand Index – None MSCI GLOBAL SMALL CAP INDEXES – Thailand (+5 / -8) Additions: GPSC, IMPACT, PLAT, TIPCO, VNG Deletions: DSGT, LOXLEY, MBK, MONO, NOK, PCSGH, PTL, SIM
Read More →BBL BBL says its loans grew less than its target of 3% affected by economic slowdown. Credit card spending for the first seven months grew 13-14% from target of 10%. It added 200,000 new credit card members. (Thun Hoon, 20/08/15) Comment: Strange to see BBL finally pushing into the consumer market with its credit cards, […]
Read More →AQ AQ reported 1Q15 earnings of Bt37.3mn (+378% YoY) from 1Q14’s Bt7.8mn. Management says performance will turn around this year. It will launch nine projects: single house, townhouse, and condominiums, with total value of over Bt8bn. It expects sales of Bt2.5bn. (Thun Hoon, 19/05/15) Comment: AQ’s stock price has already valued in all of its […]
Read More →AMATA AMATAVN puts off listing to 3Q15 from 2Q15. It says the industrial complex in Vietnam will be finished in time. It plans to collaborate with foreign partners in the future. (Post Today 07/05/15) Comment: Well at least the delay was by 12 months as it was last year. AJP Plans to invest in waste […]
Read More →CRANE CRANE says 1Q15 earnings will be better than last year after getting new projects. It targets 2015 revenue growth of more than 20%, with more acceleration of new government projects. It will focus more on foundation jobs to raise revenue. (Thun Hoon, 02/04/15) Comment: I’ve always liked this company, now the issue here is […]
Read More →ANAN ANAN expects real estate revenue to reach Bt10.5bn this year backed by large backlog of Bt35bn. It will launch 12 projects worth Bt31.5bn. Its presales were impressive at Bt7.5bn in 1Q15. (Kao Hoon, 27/3/15) Comment: Again the question for ANAN is how much can operating margins improve. Should they match industry average then the […]
Read More →APCO APCO will expand marketing channel via APCO Digital Marketing, starting in April. The firm also expects Bt1.6bn in revenue with profit growing six-fold in 2015. The firm expects to move to the main board in 2016. (Kao Hoon, 25/03/15) IEC PPA needs to be completed before IEC will invest in a bio power plant […]
Read More →ADVANC ADVANC ready to bid for any license and on any spectrum available. The firm says the increase in small cells means its network capacity can serve up to 50mn subscribers. Currently, ADVANC has about 44.3mn subs. The firm has launched a new service so called “Beat Banking” to drive data growth this year. (Kao […]
Read More →